Most oil passes through Strait of Hormuz since war began, Chris Wright says

Roughly 17 million barrels of oil and gas products passed through the Strait of Hormuz on Monday, the most since the war in Iran began. Energy Secretary Chris Wright confirmed the total with reporters while traveling to Venezuela Tuesday evening, saying all 17 million barrels passed through via boat. When accounting fo

Middle East oil producers are finding more ways to evade Iranian threats and push more of their product to market.

An average of 8.6 million barrels of oil a day have been flowing through the Strait of Hormuz, maritime analyst firm Kpler confirmed in a new update that matches estimates from the Trump administration.